According to the report by Expert Market Research (EMR), the mushroom cultivation market size is projected to further grow at a CAGR of 4.40% between 2024 and 2032. The market is driven by the increasing demand for mushrooms in the food and pharmaceutical sectors.
Mushrooms are a rich source of nutrients and are widely consumed worldwide due to their health benefits and culinary versatility. They are also used in pharmaceuticals for their medicinal properties, including immune-boosting and anti-inflammatory effects. Mushroom cultivation involves utilising plant, animal, and industrial waste to grow mushrooms. The popularity of mushroom cultivation has increased globally due to the nutritional value of mushrooms, particularly their dietary fibre and protein content.
The mushroom cultivation market growth is primarily driven by the increasing consumer awareness of the health benefits of mushrooms. Mushrooms are low in calories and fat, high in protein and fibre, and contain various vitamins and minerals, making them a nutritious addition to the diet.
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Moreover, the rising demand for organic and natural products is also driving the mushroom cultivation market demand. Mushrooms can be grown organically without the use of synthetic pesticides or fertilisers, making them a popular choice among health-conscious consumers.
The food service sector is also contributing to the growth of the market, as hotel chains, high-end eateries, and cafeterias are increasingly incorporating mushrooms into their menus. Implementing effective pest management techniques can further enhance the volume of mushroom cultivation by preventing infections on crops.
Additionally, the growing popularity of plant-based diets is driving the demand for mushrooms as a meat substitute. Mushrooms have a meaty texture and can be used in a variety of dishes as a nutritious and flavourful alternative to meat, consequently driving up the mushroom cultivation market share.
The Asia Pacific holds a substantial portion of the market, propelled by the extensive production of mushrooms in nations like China, India, and Japan. The area contributes significantly to the worldwide mushroom supply, thanks to advantageous weather conditions and a rich tradition of mushroom farming.
Furthermore, conventional medical methods, like traditional Chinese medicines and ayurveda, utilise various types of mushrooms to address a range of health issues, that are prevalent in the Asia Pacific area. The high nutritional value, low calorie content, and immune-boosting properties of mushrooms are expected to fuel the region’s need for them.
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North America and Europe are also vital markets for mushroom cultivation, fuelled by the rising need for mushrooms in the food and pharmaceutical sectors. The abundance of mushroom farms and the surging appeal of mushrooms as a nutritious food choice are propelling the mushroom cultivation market expansion in these regions.
Market Segmentation
The market can be divided based on the type, phase, distribution channels, and region.
Market Breakup by Type
- Button Mushroom
- Oyster Mushroom
- Shiitake Mushroom
- Others
Market Breakup by Phase
- Composting
- Spawning
- Casting
- Pinning
- Harvesting
- Others
Market Breakup by Distribution Channels
- Offline
- Online
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global mushroom cultivation market. Some of the major players explored in the report by Expert Market Research are as follows:
- Walsh Mushrooms Group
- Monaghan Group
- Hirano Mushroom LLC
- Smithy Mushrooms
- Fujishukin co. Ltd.
- Gourmet Mushrooms, Inc.
- Commercial Mushroom Producers Ltd.
- Lambert Spawn
- Heereco BV
- Phillips Mushroom Farms
- Mushroom SAA
- Others
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